The determinants of cross-border equity flows
WebSep 30, 1999 · We apply a new approach to a new panel data set on bilateral gross cross-border equity flows between 14 countries, 1989-96. The remarkably good results have … WebSep 20, 2024 · Cross-border capital flows have been widely examined in international finance literature. Many studies adopt gravity models to empirically analyze the bilateral capital flow patterns between countries.
The determinants of cross-border equity flows
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http://repository.essex.ac.uk/23310/1/Alderighi_cross_border_flows.pdf The net external position of a country NFA is given by the sum of the net debt … The sample consists of cross-border equity flows from August 1, 1994 to December … This chapter focuses on the international trade theory. It discusses the Ricardian … We therefore study cross-border transactions in those three categories of … The inclusion of the world interest rate helps in that endeavor in that it removes … Determinants of cross-border equity flows. CEPR DP 2225, NBER WP 7336. Google … According to Claessens (1995), portfolio flows now account for about a third of … Third, the high volume of cross-border capital flows and the high turnover rate … We use a new panel data set on bilateral gross cross-border equity flows between …
WebJan 1, 2007 · Bekaert and Harvey (2000) propose a cross-sectional time-series asset price model to assess the impact of market liberalizations in emerging equity markets on the cost of capital, volatility, beta and correlation with world market returns. Henry (2000a) investigates the impact of international financial integration on domestic investment. WebThe primary aim of this study is to analyze the factors that influence the profitability of commercial banks in Nepal between the years 2011/2012 and 2024/2024 A.D., with a focus on bank-specific ...
WebDec 4, 2001 · We explore a new panel data set on bilateral gross cross-border equity flows between 14 countries, 1989-96. We show that a "gravity" model explains international … http://facultyresearch.london.edu/docs/portes_2001_11.pdf
WebJul 10, 2024 · This manifested in the significant growth of cross-border bank flows, reflected in an expansion of their asset portfolios. On the eve of the global financial crisis the asset composition of international banks was dominated by loans, followed by debt, with equity assets only accounting for 3.7 per cent of holdings (Fig. 1 ).
WebWe now have a set of data on cross-border equity transaction flows. These are exceptional insofar as they give a panel of observations of cross-border purchases and sales of … psg tops menWebThe determinants of cross-border equity flows Journal of International Economics (2005) Ľ. Pástor et al. Political uncertainty and risk premia Journal of Financial Economics (2013) C. Pantzalis et al. Political elections and the resolution of uncertainty: The international evidence Journal of Banking & Finance (2000) View more references horse with ears pinned backWebMar 1, 2005 · The determinants of cross-border equity flows Data. We begin with a specification that is a ‘stripped’ form of the estimating equation (Eq. (2)) at the end of … psg toulouse 2022http://faculty.london.edu/rportes/CrossborderJIE2.pdf psg town hallWebIn the academic literature, cross-border equity flows among developed economies, measured by FPIs, are theoretically determined by investment opportunities (Doukas, 1985 ), which are often limited because of information costs (Kho et al., 2009 ), and yield differentials (Goldstein & Razin, 2006 ). psg topaWebThe Determinants of Cross-Border Equity Flows: The Geography of Information We apply a new approach to a new panel data set on bilateral gross cross-border equity flows between 14 countries, 1989-96. The model integrates elements of the finance literature on portfolio composition and the international macroeconomics and asset trade literature ... horse with gold teethWebThe Determinants of Cross-Border Equity Flows Richard Portes and Hélène Rey Introduction There are very few well-established results on the determinants of trade in assets, especially securities. Such work has been impeded by data problems, and there is little theory behind it. The literature on portfolio investment focuses on portfolio ... psg torta